Per the article, Spain is also saying no, without consultations.
I’d like to hear more on Greece’s idea for capping prices. Prices will force cuts, if nothing else does. Suppliers are going to sell to the highest bidder, and I don’t see Greece outbidding Germany.
Further, there are disputes about gas storage. It’s not clear (to me at least) who has what storage capacity, and whether that could even theoretically be enough storage that if full in Sept could get through the winter. And, overall, getting everything full by winter seems unlikely at this point. There seem to be a lot of plans that rely on importing fuel, and if everyone is importing at the same time, prices will go crazy and there is insufficient terminal capacity.
I do not know what the answers are, but Greece doesn’t seem to be being realistic here. Cutting gas use will happen because the gas won’t be there. It’s a question of whether there is a plan or not for how to go about it in a controlled fashion.
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Per the article, Spain is also saying no, without consultations.
I’d like to hear more on Greece’s idea for capping prices. Prices will force cuts, if nothing else does. Suppliers are going to sell to the highest bidder, and I don’t see Greece outbidding Germany.
Further, there are disputes about gas storage. It’s not clear (to me at least) who has what storage capacity, and whether that could even theoretically be enough storage that if full in Sept could get through the winter. And, overall, getting everything full by winter seems unlikely at this point. There seem to be a lot of plans that rely on importing fuel, and if everyone is importing at the same time, prices will go crazy and there is insufficient terminal capacity.
I do not know what the answers are, but Greece doesn’t seem to be being realistic here. Cutting gas use will happen because the gas won’t be there. It’s a question of whether there is a plan or not for how to go about it in a controlled fashion.